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CBSE class 11 commerce Accountancy sample papers

CBSE class 11 commerce Accountancy sample papers

CBSE is an eminent educational board and it is quite popular because of its well-evaluated syllabus and comprehensive question pattern. The board

CBSE class 11 commerce Accountancy sample papers

also analyses students’ requirements and based on that it offers holistic school education along with a robust environment, where students can freely develop physically and mentally. Moreover, the board follows CCE (Continuous and Comprehensive Evaluation) and through this system, it determines students’ learning problems and consequently, it takes required measures to improve students’ overall performances. To maintain its noble objectives, the board follows this system for the betterment of students. The board maintains equal learning process in all its affiliated schools. It imparts quality education to all students without any compromise and always keeps up a healthy learning atmosphere that enables students to perform well in exams. According to the conclusion of current research, the board prescribes its syllabus. CBSE Syllabus for Class 11 is a good learning resource through which students can get clear understanding about different topics. Additionally, the board makes all of its syllabus available online including 11 class CBSE syllabus. Required subjects and their topics are all incorporated in this syllabus in an organized manner.

CBSE class 11 commerce Accountancy sample papers

Accounts is a demanding subject of Commerce stream. It deals with the income, expenses, assets and other relevant things. However, it is appreciated in the sectors of finance and banking. It has been observed that most students are interested to learn this subject as it provides good job opportunities. Some important areas of accounting career are budget analysis, audit, tax, management accounting, and others. With thorough knowledge in Accounts, students can apply for the jobs in the government as well as corporate sectors. Additionally, they can work independently.

CBSE class 11 commerce Accountancy sample papers

Course Structure

Unit

Topic

Marks

Part A

Financial Accounting – I

1.

Theoretical Framework

15

2.

Accounting Process

35

Part B

Financial Accounting – II

3.

Financial Statements of Sole Proprietorship

15

4.

Financial Statements of Non-Profits

15

5.

Computers in Accounting

10

Part C

Project Work

10

Total Marks

100

Part A: Financial Accounting – I (50 Marks)

Unit 1: Theoretical Framework

Introduction to Accounting

Accounting: objectives, advantages and limitations, types of accounting information; users of accounting information and their needs.

Provisions and reserves: concept, objectives and difference between provisions and reserves; types of reserves- revenue reserve, capital reserve, general reserve and specific reserves.

Accounting for Bills of Exchange

Important terms : term of bill, due date, days of grace, date of maturity, discounting of bill, endorsement of bill, bill sent for collection, dishonour of bill, noting of bill, retirement and renewal of a bill.

Accounting treatment of bill transactions.

Rectification of Errors

Errors: types-errors of omission, commission, principles, and compensating; their effect on Trial Balance.

Detection and rectification of errors; preparation of suspense account.

Scope:

The scope of the unit is to understand accounting as an information system for the generation of accounting information and preparation of accounting reports.

It is presumed that the working knowledge of Tally software will be given to the students for the generation of accounting software. For this, the teachers may refer Chapter 4 of Class XII NCERT textbook on Computerized Accounting System.

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Study Material that you should use to prepare XI Commerce

To successfully prepare for XI Commerce you should use a combination of best faculty video lectures, best recommended scanners and books, and a lot of free notes, charts, pdf files available for free download from CAKART.